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North Atlantic Seafood Forum to cast new light on aquaculture innovation

Sales potential of the aquatech sector could hit $15.4 billion by 2050.

A new summit is launching this year alongside the North Atlantic Seafood Forum (NASF) in March, centered specifically on aquaculture technology, its potential and why it is an attractive area for investors.

Norsk Industri (the Federation of Norwegian Industries), is teaming with SINTEF Ocean, NCE Aquatech Cluster and the North Atlantic Seafood Forum, to put Norwegian aquaculture technology on the agenda.

The Global Aquatech Summit conference will be held on Day Zero of the North Atlantic Seafood Forum, on March 6.

The first event aims to showcase leading Norwegian technology and future solutions for the world's aquaculture industry.

The value in this sector is expected to grow from NOK 20 billion (€ 2.1 billion/$2.5 billion) in 2010 to NOK 70 billion (€ 7.2 billion/$8.6 billion) in 2030 and skyrocket further to NOK 125 billion (€12.9 billion/$15.4 billion) by 2050.

“We see lots of new startups, a lot of synergies coming from other industries -- from the maritime industry, the oil and gas industry – as well as increased exposure in the media and also in the economy.”

Additionally, Heggelund is noticing a lot of interest for Norwegian aquaculture technology internationally, but currently in Norway there is no such conference on aquaculture technology in English.

Meanwhile, NASF is already a well-established brand and meeting point for technology leaders, CEOs and also venture capitalists, and investors, said Heggelund.

“So we would like to combine all these trends, developments and the interest for the aquaculture industry and use NASF as a showcase for this technology not only for Norwegian customers but also to attract international technology companies to Norway," he said.

According to Heggelund, no other conference on aquaculture technology is as pinpointed.

The inaugural event will showcase the very latest in Norwegian technology but from across the spectrum – from high end technology, to other types that “can be implemented in other countries which do not seek high end tech, for example.”

It will focus on enabling technologies, in particular on the digital side, for example with an emphasis on “big data."

Investment

But it is also a key opportunity for those aquatech companies seeking investment.

“We will bring in key international and national investors to give their views on why the industry is interesting, why they’re looking into this industry, and how they see the potential going forward,” said Heggelund.

“We will showcase technology but also offer a platform for companies coming to meet investors and be able to mingle and talk.”

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North Atlantic Seafood Forum to cast new light on aquaculture innovation

Sales potential of the aquatech sector could hit $15.4 billion by 2050.

A new summit is launching this year alongside the North Atlantic Seafood Forum (NASF) in March, centered specifically on aquaculture technology, its potential and why it is an attractive area for investors.

Norsk Industri (the Federation of Norwegian Industries), is teaming with SINTEF Ocean, NCE Aquatech Cluster and the North Atlantic Seafood Forum, to put Norwegian aquaculture technology on the agenda.

The Global Aquatech Summit conference will be held on Day Zero of the North Atlantic Seafood Forum, on March 6.

The first event aims to showcase leading Norwegian technology and future solutions for the world's aquaculture industry.

The value in this sector is expected to grow from NOK 20 billion (€ 2.1 billion/$2.5 billion) in 2010 to NOK 70 billion (€ 7.2 billion/$8.6 billion) in 2030 and skyrocket further to NOK 125 billion (€12.9 billion/$15.4 billion) by 2050.

“We see lots of new startups, a lot of synergies coming from other industries -- from the maritime industry, the oil and gas industry – as well as increased exposure in the media and also in the economy.”

Additionally, Heggelund is noticing a lot of interest for Norwegian aquaculture technology internationally, but currently in Norway there is no such conference on aquaculture technology in English.

Meanwhile, NASF is already a well-established brand and meeting point for technology leaders, CEOs and also venture capitalists, and investors, said Heggelund.

“So we would like to combine all these trends, developments and the interest for the aquaculture industry and use NASF as a showcase for this technology not only for Norwegian customers but also to attract international technology companies to Norway," he said.

According to Heggelund, no other conference on aquaculture technology is as pinpointed.

The inaugural event will showcase the very latest in Norwegian technology but from across the spectrum – from high end technology, to other types that “can be implemented in other countries which do not seek high end tech, for example.”

It will focus on enabling technologies, in particular on the digital side, for example with an emphasis on “big data."

Investment

But it is also a key opportunity for those aquatech companies seeking investment.

“We will bring in key international and national investors to give their views on why the industry is interesting, why they’re looking into this industry, and how they see the potential going forward,” said Heggelund.

“We will showcase technology but also offer a platform for companies coming to meet investors and be able to mingle and talk.”